STOCK TITAN

Millstreet Capital (DBD) client accounts sell 112,305 Diebold Nixdorf shares

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Millstreet Capital Management LLC, as investment adviser to certain client accounts, reported indirect open-market sales of Diebold Nixdorf, Inc. (DBD) common stock. The accounts sold 51,472 shares on April 15 at an average price of $85.4314 per share and 60,833 shares on April 16 at $84.7741 per share.

After the April 16 transaction, the accounts held 4,704,438 shares of common stock. Millstreet, along with managing members Brian D. Connolly and Craig Kelleher, disclaims beneficial ownership of these shares except to the extent of any pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Millstreet Capital Management LLC, Connolly Brian D, Kelleher Craig
Role 10% Owner | 10% Owner | 10% Owner
Sold 112,305 shs ($9.55M)
Type Security Shares Price Value
Sale Common Stock 60,833 $84.7741 $5.16M
Sale Common Stock 51,472 $85.4314 $4.40M
Holdings After Transaction: Common Stock — 4,704,438 shares (Indirect, See Footnote)
Footnotes (1)
  1. [object Object]
Shares sold April 15 51,472 shares Open-market sale at $85.4314 per share
Shares sold April 16 60,833 shares Open-market sale at $84.7741 per share
Total shares sold 112,305 shares Sum of reported open-market sales
Post-transaction holdings 4,704,438 shares Shares held for accounts after April 16 sale
April 15 sale price $85.4314 per share Weighted average sale price
April 16 sale price $84.7741 per share Weighted average sale price
open-market sale financial
"transaction_action: "open-market sale" for both common stock transactions"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"direct_or_indirect: "I" and ownership_type: "indirect" for the sales"
beneficial ownership financial
"may be deemed to beneficially own Common Shares held for the accounts"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest"
private investment funds financial
"provides investment advisory services to private investment funds and accounts"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Millstreet Capital Management LLC

(Last)(First)(Middle)
545 BOYLSTON STREET, 8TH FLOOR

(Street)
BOSTON MASSACHUSETTS 02116

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DIEBOLD NIXDORF, Inc [ DBD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/15/2026S51,472D$85.43144,765,271ISee Footnote(1)
Common Stock04/16/2026S60,833D$84.77414,704,438ISee Footnote(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Millstreet Capital Management LLC

(Last)(First)(Middle)
545 BOYLSTON STREET, 8TH FLOOR

(Street)
BOSTON MASSACHUSETTS 02116

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Connolly Brian D

(Last)(First)(Middle)
545 BOYLSTON STREET, 8TH FLOOR

(Street)
BOSTON MASSACHUSETTS 02116

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Kelleher Craig

(Last)(First)(Middle)
545 BOYLSTON STREET 8TH FLOOR

(Street)
BOSTON MASSACHUSETTS 02116

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. Millstreet Capital Management LLC provides investment advisory services to private investment funds and accounts ("Accounts") and, in such capacity, may be deemed to beneficially own Common Shares held for the accounts of such Accounts. Mr. Connolly and Mr. Kelleher are Managing Members of Millstreet. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any of the Reporting Persons is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934 or for any other purpose.
MILLSTREET CAPITAL MANAGEMENT LLC By: /s/ Craig M. Kelleher, Managing Member04/17/2026
/s/ Brian D. Connolly, Individually04/17/2026
/s/ Craig M. Kelleher, Individually04/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions were reported for DBD by Millstreet Capital?

Millstreet-related accounts reported open-market sales of 112,305 DBD shares over two days. They sold 51,472 shares at $85.4314 on April 15 and 60,833 shares at $84.7741 on April 16, all in common stock.

Who actually sold the Diebold Nixdorf (DBD) shares in this Form 4?

The sales are attributed to accounts advised by Millstreet Capital Management LLC. Millstreet acts as investment adviser to these private investment funds and accounts, which hold the DBD shares, rather than the individual reporting persons trading personally.

How many Diebold Nixdorf shares do the Millstreet-advised accounts hold after the sales?

Following the April 16 transaction, the Millstreet-advised accounts held 4,704,438 shares of Diebold Nixdorf common stock. This figure comes directly from the post-transaction ownership reported for the April 16 sale entry in the Form 4.

Do Millstreet and its managing members claim full beneficial ownership of the DBD shares?

No. Millstreet Capital, Brian D. Connolly, and Craig Kelleher disclaim beneficial ownership of the reported DBD shares except to the extent of any pecuniary interest, as stated in the Form 4 footnote describing their advisory relationship to the accounts.

Are these DBD insider transactions direct or indirect holdings for the reporting persons?

The Form 4 labels the transactions as indirect ownership. The shares are held for private investment funds and accounts advised by Millstreet, with the reporting persons’ interests arising through their roles and any associated pecuniary interests.